Retail Space Available For
For Lease
Contact for pricing
400 W Olney Rd, Norfolk, VA 23507
Retail space available, approximately 1,750 square feet.
Space Size1,750 SF
Days on Market1393
Property Features for 400 W Olney Rd
General Information
Standard status
Active
Size
1,750 SF
Property subtype
OFFICE
Spaces For Lease
at 400 W Olney Rd
400 W Olney Rd
$12/SF/Yr
Floor
1
Size
1,750 SF
Type
OFFICE
Availability
AVAILABLE, Now
Sublease
No
Listing Agency:
Harvey Lindsay Commercial Real Estate
(757) 640-8700
Listed By:
Lindsay Bilisoly · License #0225120019
(757) 640-8234
Source:
Moodyscre
Added: Dec 22, 2022
Changed: Oct 3
Last Checked: Oct 15 at 1:40AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Harvey Lindsay Commercial Real Estate
Investment Insights
Based on property information with market context.
This commercial property offers retail space for rent. There is one space available, encompassing approximately 1,750 square feet. The property is located at 400 W Olney Rd, Norfolk, VA 23507.
Key Highlights
- Retail space available, ideal for your business venture.
- Offering 1,750 sqft of space.
- Only 1 space available.
Property Analytics
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Current Use
Lease Details
NNN (Triple Net)
Lease Type
$1.80 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
3,526
Businesses Nearby
40k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 74%
Groceries 19%
Hotels & Casinos 7%
Exxon
Shops & Services
19,763 visits/mo
0.4 miles
Virginia ABC
Groceries
7,861 visits/mo
0.4 miles
7-Eleven
Shops & Services
5,823 visits/mo
0.4 miles
7-Eleven
Shops & Services
4,156 visits/mo
0.4 miles
Residence Inn by Marriott Norfolk Downtown
Hotels & Casinos
2,849 visits/mo
0.5 miles
Demographics for 23507, VA
6,460
Population
3,530
Households
1.8
Avg Household Size
35
Median Age
76%
College-Educated
98%
High-School Grad
0.9 sq mi
ZIP Area
7,178
Density / Sq Mi
$107,650
Median Household Income
$59,128
Median Earnings
$1,422
Median Rent
$560,700
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Lease Benchmarks for Norfolk, VA
$16.46 /SF/Yr
Avg Asking Price
$9.75–$27.95 /SF/Yr
Price Range
4,219 SF
Avg Space Size
This space is priced 27% below the average of $16.46 /SF/Yr.
Vacancy Rate% for Retail in Norfolk, VA
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Retail space available, approximately 1,750 square feet.
Where is this retail space located?
The property is located at 400 W Olney Rd Norfolk, VA.
What is the lease rate?
The lease rate is $12 SF/Yr.
What are key features of this property?
This property features: Retail space available, ideal for your business venture.; Offering 1,750 sqft of space.; Only 1 space available.
